Book Hack
Reminiscences of a Stock OperatorBy Edwin Lefèvre

In a Nutshell

Written in 1923 and based on the turbulent life of famous stock trader Jesse Livermore, this book navigates the unforgiving world of Wall Street.

Favorite Quote

They say there are two sides to everything. But there is only one side to the stock market; and it is not the bull side or the bear side, but the right side.

Edwin Lefèvre

Introduction

The stock market can be a daunting place and there's no shortage of advice on Wall Street money-making. But how do you know which bits of advice to trust?

Written by financial journalist Edwin Lefèvre in 1923, this book delves into both the exciting and the sordid details of an investing career.

This first-person account by the fictional Larry Livingston is based on the real-life of stock trader Jesse Livermore. Livermore made and lost millions in the early 20th century.

Reminiscences of a Stock Operator was written approximately 100 years ago, but it still offers helpful hints and wisdom learned from years of market speculation.

Here are the 3 key insights from this Hack

  1. 1.
    Learn from your mistakes
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